120 SPLIT OAK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $793,447 and $959,758, with a best estimate of $842,931. That places the property above the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$842,931
$744,940
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $793,447 and $959,758. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$197,928 for 663 sqft more living space and -$7,203 for being older. Net adjustment: +$190,725.
Adjusted +$70,752 for 237 sqft more living space. Net adjustment: +$70,752.
Adjusted +$128,668 for 431 sqft more living space and -$7,203 for being older. Net adjustment: +$121,465.
Adjusted +$231,960 for 777 sqft more living space. Net adjustment: +$231,960.
Adjusted +$148,072 for 496 sqft more living space and -$3,602 for being older. Net adjustment: +$144,470.
The Neighborhood
This home is valued 1.7% below the L325513C - Parkwest Estates median of $757,960. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is -1.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,758 across all districts. With a homestead exemption claimed, that drops to $13,072 — saving $1,686 per year. That's $1,089 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $8,097 |
| Williamson County | County | 0.3694% | $2,752 |
| Cedar Park | City | 0.3600% | $2,682 |
| Austin Community College | special | 0.1034% | $770 |
| Williamson County FM/Rd | County | 0.0443% | $330 |
| Upper Brushy Creek WCID | Water | 0.0170% | $127 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,758 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $842,931 would pay approximately $5,262 per month (principal and interest only, excluding taxes and insurance).